But McCain-Feingold supporters believe all Democrats will have to come around, since Levin is saying the alternative is to have no legislation at all.

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Maehara really cannot oppose restarting the nuclear reactors in light of the urgent need for power and the cost of both permanently shutting down all reactors (they have no spent fuel repository yet) and gearing up alternative sources.

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On the other hand, it seems sensible for investors to have an alternative bolthole to gold, an asset that delivers no yield at all, is very difficult to value, has risen sixfold from its 2001 low and which attracts the kind of public enthusiasm that has marked bubbles in other assets.

ECONOMIST: Buttonwood: Swiss gold | The